Northern Tool & Equipment Leases Retail Space In Houston
LEASED
+ 1
Texas
See Similar DealsRetail31,000 SF
Leased
LEASED
Northern Tool & Equipment Leases Retail Space In Houston
11045 East Fwy, Houston, Texas 77013, United States
See Similar DealsRetail31,000 SF
Leased
+ 1
Summary
TEXAS
Asset Type:Retail
Total Square Footage:31000 SF
Transaction Type:Lease
The retail property located at 11045 East Freeway in Houston has recently been leased. The property spans a total of 31,000 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 02/19/2022
- Market: Houston
- Tenant: Northern Tool + Equipment
- Landlord's Representative: Shawn Ackerman & Jason Du - Henry S. Miller Brokerage
- Tenant's Representatives: Clay Mote, Retail Union & Jason Baker - Baker Katz
The lease agreement for the property was facilitated by Shawn Ackerman and Jason Du from Henry S. Miller Brokerage, representing the landlord. Clay Mote from Retail Union and Jason Baker from Baker Katz were the tenant's representatives in the deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,776,901.29
Total Lease Value
$17,769,012.93
Net Landlord Cash Flow$1,776,901.29
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